What India’s informal sector needs right now?

Source: Indian Express Relevance:  Formalization of work force, problems faced by informal sector workers Synopsis: Ignoring problems in the informal sector can be costly as it can lead to job and wage losses, higher inflation and even risk the livelihood of migrant workers. Contents1 Context2 Informal sector scenario in India3 Impact of COVID4 What does… Continue reading What India’s informal sector needs right now?

Finding work is work in progress (COVID’s impact on jobs)

Source: Times of India Relevance: Dealing with economic implications of COVID Synopsis: Reversing the pandemic hit to the job market is only a first step. The real jobs challenge still lies ahead. A brief look at the impact of COVID on the job market and the future challenges. Contents1 Context2 Impact of pandemic on jobs3… Continue reading Finding work is work in progress (COVID’s impact on jobs)

An urban jobs safety net

Source: TheHindu Relevance: Impact of COVID on economy & employment Synopsis: The article signifies the need to formulate a wage employment-based national urban livelihood scheme on lines of MGNREGA. Impact of COVID on the economy World Economic outlook report presents a grim picture of the global economy. It states that – all of the world countries… Continue reading An urban jobs safety net

Migration from factories to farms, a sign of distress

Source: Business Standard  Contents1 Synopsis:2 Background:3 About Periodic Labour Force Survey:4 Key Findings of the Survey:5 Analyzing the Key Findings: Synopsis: The government’s Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture. It has increased to 45.6% in 2019-20, compared to 42.5% of the total employment in 2018-19. This is… Continue reading Migration from factories to farms, a sign of distress

Poverty in India is on rise again

Source: The Hindu Contents1 Synopsis 2 Measurement of Poverty 3 Rise in poverty figures 4 Reasons for increased poverty  Synopsis  During the 2000’s there was decline in poverty as was indicated by the Government data. However, now multiple data point to a rise in poverty and unemployment.  Context  Source: The Hindu Consumption expenditure survey (CES) is conducted and… Continue reading Poverty in India is on rise again

‘Improve social security for workers’

Source: The Hindu Relevance: This article analyzes the Parliamentary Standing Committee on Labour report on the impact of the pandemic on rising unemployment. Contents1 Synopsis2 About the News3 Key findings of the Committee:4 Issues mentioned by the committee:5 Suggestions of the report: Synopsis The Parliamentary Standing Committee on Labour highlighted many issues and provided suggestions for… Continue reading ‘Improve social security for workers’

What India’s labour force survey actually says about employment

Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Contents1 Synopsis:2 Introduction3 Key findings of the Quarterly Bulletin of PLFS:4 About the significance of the recent PLFS:5 Reason for high jobs during low economic activity:6 Challenges exposed by the PLFS7 Conclusion: Synopsis: The Periodic Labour Force… Continue reading What India’s labour force survey actually says about employment

Budget Briefs:Policy Measures to promote Growth and Employment Generation in Indian Economy

The Tax Policy Measures in the direction of Growth and Employment generation are: Profit-linked deduction was introduced for start-ups. The scope of investment-linked deduction was broadened by including certain new sectors including infrastructure which are critical to growth. Investment allowance and higher additional depreciation was provided for undertakings set up in backward regions of states… Continue reading Budget Briefs:Policy Measures to promote Growth and Employment Generation in Indian Economy

A job at hand

A job at hand News The Union Ministry of Labour has urged States to issue orders permitting fixed-term employment (FTE) across industries. Important Facts: Fixed-term employment Fixed-term employment is a contract in which a company or an enterprise hires an employee for a specific period of time. Under fixed-term employment, workers are entitled to statutory… Continue reading A job at hand

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